Washington
The Voice of Layer 1s Is Needed in Washington
I usually hear from these new to Web3 or blockchain expertise (together with in my previous TradFi world) that they “see the worth of the blockchain expertise, however that crypto is nugatory.” Sadly, these feedback are frequent by those that don’t notice {that a} blockchain wants native cryptocurrency to course of transactions, incentivize validators and safe the community. These much less conversant in the expertise, together with many policymakers hostile to crypto, nonetheless haven’t heard of the job creation and financial development potential of the businesses constructing on prime of blockchain infrastructure. Layer 1s, because the constructing blocks to the complete business, should convey these founders and corporations to the forefront to inform the story of the expertise and its potential for real-world utility. A technology-forward message is required now, not a monetary message.